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America Is In A ‘Plain Vanilla Recession’: Danielle DiMartino Booth | The Bottom Line

DeFi Daily News by DeFi Daily News
August 11, 2024
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America Is In A ‘Plain Vanilla Recession’: Danielle DiMartino Booth | The Bottom Line
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Significant job losses and bankruptcy filings over the past year signal a “plain vanilla recession,” according to Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence. In this episode of “The Bottom Line,” CNBC explores the former Dallas Fed advisor’s views on the state of the U.S. economy, the navigating high of inflation and interest rates, globalization and a weakening labor market.

Chapters:
00:00 Introduction
00:24 Bankruptcy cycle
01:38 Federation policy
04:54 Labor market outlook
05:59 Recession?
07:07 AI transformation
07:57 Cryptocurrency
8:52 International relations

Produced by Charlotte Morabito
Edited by Emily Rabbideau
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to be more successful and confident with your money? Take CNBC Make It’s new online course. Our expert instructors will help you master your money and discover practical strategies to boost your savings, reduce debt, and grow your wealth—in a way that works best for you. Enroll in “Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure” to start your journey to financial freedom today! Get a 30% discount with the coupon code EARLYBIRD until September 2, 2024: https://cnb.cx/3WiasGB

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#CNBC
#economy
#inflation
#recession

America Is In A ‘Plain Vanilla Recession’: Danielle DiMartino Booth | The Bottom Line

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Tags: aiAmericaBoothbottomDanielleDanielle DiMartino BoothDiMartinoelectionFederal Reservefinance newsfinancial literacyglobalizationInflationinterest ratesjerome powellJob MarketlinePlainQIquill intelligencerecessionStock marketStock market newsunemploymentVanillawar
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